New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-02-09

The business In State bonds covered tennessee setue
81 At 1888 North Carolina consol "A at looSloo*'
Virginia Is deferred receipts at l5A@l5s ana Arkansas
rs. Memphis and Little Rock Railroad, at d. OF city
bank stocks Central National sold 90 at 125 and Pacific
C25 at l2s.
moderate business was done In railway bonds and the
prices ruled firm. Tho NewYork Chicago and ST. LOUIS
nrsts were quiet and the seconds were per cent
higher AT a. The plan Of reorganization to which
f. Understood the first mortgage bondholder committee
have as.cned IA printed elsewhere II provides for the
issue OF new $4,000 900 first mortgage gold per cent
bond due In 1887 To be- issued to the holders oil tue on
first mortgage bonds the rate Of liz Of the principal OF
their present holdings and to holders OF the second mort
gage bonds the rate Of lO2 per cent with cash pay
ment nj the rate OF per per from December
is-G TIL the date OF the exchange both classes OF
stock are assessed 10 per cent for which new first
. pcr cent non-cumuatiye stock IA issued; the
holders OF old preferred stock In addition VIII
receive 30 per In second preferred stock ana the
holders Of stock will receive Do por cent IN Nc"
common .tock As the Lake shore and Michigan South
ern Railway Company holds majority Of both classes OF
stock there Is little question that the scheme VIII meet
with no delay In completion. Eric second 6s we're
duh and firm at 07ao7s. Missouri. Kansas and Texas
general up n at 9Ss and % were steady at 3d.
Baltimore and Ohio % TO Ill iaa1ll. and Pennsyl
vania lIes were firm at 1Oi'aaloiA. Now-York city
and Northern general Ga receipts active and =
higher AT 72Led72is Wabash frsts, Chicago division
were oil Sat 9lN Texas and Pacific frSts Rio Granle
division were active and steady at 6s'sa69's. Guil'
Colorado and santa Fe general gold % roso u TO
lO3i and rsts steady Mt l22 l2l 10 ~ Joseph
and Grand Island nr.ts TO l07 1864 New Orleans
Pacific nr-ts oil l. AT soi2
OF I'm listed securities dealt In at the stock Exchange
Cotton Seed oil certificates sold 500 at 81 81 aGl -
American Cable C35i at 72d724. Chicago and Indiana
Coal Railway 400 at 52l2 81 w. Kingston and Pembroke
aOM AT 39Il Lake Erie and Western preferred 400 at
81 5o7. Ncw-York city and Northern 400 Mt 1912,
Rome aud Decatur llrsts $4,000 at 90 PhTnix Mining
~ 900 at slI MSS 37a and security Milling and Mining
a. 500 at - s7l2dS5 70.
Money ruled easy at 3d3ia per cent with exceptional
loans at per cent the closing quotation was 39i per
cent The subTroasury was debtor at the Clearing
House 1851 100.
The Sub Treasury gained on balance Sl,173,7o7 made
M gains OF 81 lG92 coin and S42l currency but
there little doubt that ~ 900 OF the gain was made
M by the receipt OF that amount OF silver certificates
from Washington The days operations covered he-
CENTS 32I 627 ymens 81 lJ092O currency bal
/ apce 81 <, 67s. 1893; coin balance, $li5,S76.lsO
| The Clearing House statement to-day as follows
| Exchanges, 81 .i03.itG; balances. $3.sl3.9b2
The United states Treasury ~ Washington received
s355.ooo National bank notes for redemption, ,.o..,
The customs receipts were ToOS3OS, ana the ihterhi
revenue receipts S22G,6OO.
The foreign Exchange quiet and steady for long and
for export when the sight for sterling is 1l4a =
per below; the profitable exporting rate Is ac-
counted for exceptional shipment To Italy quota
ton. for business follows Bankers DIS @i 80
and 81 IS a long and short sterling respectively
POS and 5lss for francs 95is and oo's Tor REIGN
marks 40i4 and 40lo for guilders 1870, .
In Iondon British consos irregular first the fig
urcs money advanced s to 100 lilo while Tor ac-
count they unchanged and later Doth declined = u,
100 0-l6. Money easy. American railways opened
strong and made further advances but later sympathy
with the Continental markets reacted and closed easy
! Al Paris French per cents declined from 1870 10
! 7sO2io and sight exchange London was easier at
| 20 80 q francs to the 9.